Kronos Bio, Inc. (KRON)
Kronos Bio, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in San Mateo, CA, US. The stock last traded at $0.88, up 1.49% on the session, giving a market capitalisation of $53.7M. On trailing twelve-month figures it carries a trailing P/E of -0.62, a net margin of -874.1%. Its beta of 1.64 implies it has historically moved more than the broad market.
Kronos Bio, Inc. is a biopharmaceutical firm operating at the clinical stage, dedicated to the identification and advancement of innovative therapies for cancer. Its therapeutic strategy centers on modulating dysregulated transcription factors and the intricate transcriptional regulatory networks that fuel oncogenic activity. The company's primary investigational drug, entospletinib (ENTO), is an orally administered, selective inhibitor of spleen tyrosine kinase (SYK), designed for patients with acute myeloid leukemia. A registrational Phase 3 clinical trial is slated to evaluate ENTO in combination with induction chemotherapy for acute myeloid leukemia patients who possess NPM1 mutations. Furthermore, Kronos Bio is progressing KB-0742, an orally bioavailable cyclin dependent kinase 9 (CDK9) inhibitor, which is currently undergoing Phase 1/2 clinical assessment for the treatment of MYC-amplified solid tumors. Established in 2017, the company maintains its headquarters in San Mateo, California.
Kronos Bio, Inc. is most often compared with the following Healthcare names: